The Scenario
Sorry it took me so long to respond. The scenario is i purchased a house to flip. I am contemplating using it as a rental. I was wondering how the 1031 would be effected if I did a lease/Option. When would the clock start ticking? Are there any stipulationsor time limits, etc.
Thanks for all of the good info.
[ Edited by CaptainJack on Date 12/15/2007 ]
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